OpenAI

Enterprise Software

Founded: 2015

Last Round Valuation: $86B

OpenAI is a pioneering developer of a research and deployment platform centered around artificial intelligence (AI). With a mission to promote the equitable distribution of artificial general intelligence (AGI) benefits, the company focuses on creating a platform that facilitates the construction of secure and advantageous AGI systems. OpenAI also offers an open-source environment accessible to the public, empowering clients to effortlessly cultivate expertise and understanding in the realm of AI.

OpenAI Overview:

OpenAI is a renowned developer at the forefront of artificial intelligence (AI) research and deployment. The company's primary objective is to ensure that the benefits of artificial general intelligence (AGI) are accessible to and beneficial for all of humanity. AGI refers to highly autonomous systems capable of outperforming humans across a wide range of cognitive tasks.

OpenAI's approach involves building a comprehensive platform that supports the development and deployment of AGI while prioritizing safety and societal impact. They actively work towards creating AGI that aligns with human values and adheres to ethical considerations, aiming to prevent any potential risks associated with its development.

The company also emphasizes the importance of openness and collaboration. OpenAI provides an open-source environment, enabling researchers, developers, and the general public to access and contribute to their AI advancements. This open approach promotes knowledge sharing and facilitates the widespread dissemination of AI expertise.

Through their platform, OpenAI offers tools and resources that assist in the creation of safe and beneficial AGI systems. This includes developing robust frameworks for training and testing AI models, ensuring they conform to desired behaviors and align with human values. By focusing on safety, OpenAI strives to mitigate risks and avoid any unintended consequences that may arise from the deployment of advanced AI technologies.

Furthermore, OpenAI actively engages with external partners, organizations, and policymakers to address the broader societal implications of AGI. They advocate for the responsible and ethical development of AI systems, working to establish frameworks and policies that promote transparency, accountability, and fairness in AI deployment.

OpenAI's commitment to providing accessible AI education and knowledge extends to their open-source initiatives and public releases. By making their research and tools available, they empower individuals and organizations to develop skills, gain insights, and contribute to the progress of AI technology.

In summary, OpenAI stands as a prominent developer and advocate in the field of artificial intelligence. Through their research and deployment platform, they strive to create AGI that benefits humanity while prioritizing safety, ethical considerations, and open collaboration. By fostering transparency, sharing knowledge, and engaging with various stakeholders, OpenAI actively shapes the future of AI in a responsible and inclusive manner.

Founders:

  • Elon Musk

  • Greg Brockman

  • Ilya Sutskever

  • John Schulman

  • Sam Altman

  • Wojciech Zaremba

Top Investors:

  • Microsoft

  • Sequoia Capital

  • Andreessen Horowitz

  • Tiger Global Management

  • Khosla Ventures

  • Y Combinator

Funding Rounds

Funding Rounds

Round Date Post Money Val Amount Raised Price per Share
Later Stage VC 2024-04-11 $2.16M
Tender Offer 2023-10-19 $86.00B $150.00
Later Stage VC 2023-04-28 $28.00B $300.00M $67.25
Later Stage VC 2023-01-22 $10.00B
Series A 2019-07-22 $10.00M
Corporate 2019-07-01 $1.00B
Accelerator/Incubator 2016-07-31 $120.00K

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